Ethiopia Financial Sector Profile | glObserver Global Economics

     Ethiopia continues to record robust growth. However, the state-led development model is constraining the private sector and has resulted, from time to time, in macroeconomic imbalances, and therefore seems unsustainable in the long term.

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After a decade of very strong performance (9% average economic growth), economic growth slowed down somewhat, but remained nevertheless relatively high. In 2013, economic growth decreased to 7.1%, from 8.5% in 2012, driven down by a marked slowdown in gross fixed investments. Ethiopia’s economic policy is based on a 5-year Growth and Transformation Plan (GTP),

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Author: globserver

Director of Eyecom china

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